By Ted Loos, June 15, 2017
Excerpt:
According to Marc Spiegler, the global director of Art Basel, a particular strength of this year’s fair is the secondary market, or older works that have already been bought and sold.
“In Basel, history is a key part of the equation,” Mr. Spiegler said. “The fair traces 12 decades of art, and that’s one of the things that makes it great.”
He cited Di Donna Galleries of New York, a Surrealist and Modern specialist, as an example of a newcomer to the fair that is contributing to this historical context. Di Donna will show works by Alexander Calder, René Magritte and Willem de Kooning, among others.
“It’s been important for us to support the next generation of secondary market dealers,” Mr. Spiegler said. “They are going toe-to-toe with the auction houses.”